Zambia Mining

Sourced from Lusaka Times. Despite a challenging business environment in many sectors across the globe, Zambia’s wealth of natural resources continues to open the door for new investors and opportunities. As the world begins its recovery and gradual reopening in the face of the pandemic, traditional industries require energy, innovation and reinvention. ZCCM Investments Holdings Plc. – the mining conglomerate whose major shareholder is the Government of the Republic of Zambia – is signalling its intention to take on a leadership role in Zambia’s recovery with its announcement this week that they are partnering with a new strategic mining play – Array Metals. This company has an estimated inferred resource by JORC standards of 3 million tonnes of gold ore in Mumbwa, with 2.53.5grams per ton...